My typical rehab was 4-5 weeks and I was paying about $3,250 per week in labor.

I was in a similar situation for my second house hack.

I'm using ChatGPT for all my work. 

HiI am starting my real estate journey in 2025 and started connecting with agents and lenders.

Quote from @William Hochstedler: Utah has been booming for the past decade by every metric. my kids did deposits on ski condos at Park City  NEW development and one at Brianhead and those things shot up like crazy.. they need to keep it up so they can take good care of me in my waining years.

Quote from @Catherine Ding: My PM company is offering to do it for a high fee of $100/month so I'm trying to find alternative options.

Mortgage Balance: $60,000 Monthly Mortgage Payment: $1200 Current Rent: $1950/month (below market rate, with potential for increases upon renewal) Appraised Value: $325,000 (purchased for $188,000 20 yrs ago) Managed by a property manager Loan not assumableHere are my options:Option 1: Keep the property and buy out his 50% of equity, which is about $235,000 for property A, $132,500 for property B.- Mortgage: It is an assumable mortgage.

My short term goal(s) in the next few years are to have 4-5 properties (long term), as well as a multi family home.

My two cents but the ship has sailed for short term rentals in this market.

When I bought my STR, a couple of months after I closed I was killing it with bookings.